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Senator Francis Escudero expressed his frustrations at the Department of Energy and the Energy Regulatory Commission for their “failure to perform their duties,” which resulted in power rate hikes.
“Low supply plus high demand equals increased prices,” Escudero said. He also noted that the DOE and ERC failed to focus on Variable Renewable Energy and just embarked on solar and wind, which are more expensive than coal. “This is now an additional one to four percent of our bill, which means that for every 1,000 pesos, the ancillary fee is P10-40 per month. This does not lower the cost, but further increases it,” Escudero explained.
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